Is Suisun City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Suisun City has remained a Seller's Market.
Housing Prices in Suisun City, CA
How much do homes in Suisun City, CA cost?
Median Sold Price
$549,500
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Suisun City was $549,500 in May 2024, up 2.3% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $355K | N/A |
2 Bedrooms | $485K | $495K | +2.1% |
3 Bedrooms | $525K | $520K | -1.0% |
4 Bedrooms | $562.5K | $580K | +3.1% |
5+ Bedrooms | $691.5K | $830K | +20.0% |
Summary: Suisun City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
Fairfield | $598.1K | $625K | +4.5% |
Fairfield-Suisun City | $579.6K | $600K | +3.5% |
Suisun City | $537.1K | $549.5K | +2.3% |
Housing Supply in Suisun City, CA
How many homes are available in Suisun City, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 52 | +13.0% |
Summary: The Suisun City real estate market had 52 homes for sale in May 2024, a 13.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 28 | 29 | +3.6% |
4 Bedrooms | 16 | 20 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Suisun City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Suisun City in May 2024, up by 7.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.
Days on Market for Suisun City, CA
How long does it take to sell a home in Suisun City, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 46 Days | +152.1% |
Summary: Homes in Suisun City had an average of 46 days on market in May 2024, up by 152.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Suisun City; 21% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.